Category Archives: Property Division
Florida Divorce: Required Financial Disclosures
Finances are a major issue in many different types of Florida family law cases. From property distribution battles to child support calculations, a fair ruling requires knowing the true financial means of each party. Of course, as reasonable and straightforward as this sounds, the reality can be far more complicated. Determining the actual financial… Read More »
Florida Divorce and Business Ownership: Marital Labor
On March 22nd, 2017, the Florida Second District Court of Appeal released a decision in the case of Bair v. Bair. This complex divorce case involved a business owner who held nonmarital interests in a company, but who also worked full time at the company throughout the length of the marriage. As such, the… Read More »
How are Student Loans Divided in a Florida Divorce
The cost of education has been rising in Florida and around the country. Collectively, Americans currently hold more than $1 trillion of student loan debt. In the modern world, many people carry their student loan debt for decades. Further, more than ever, older Americans are going back to school and incurring additional student loan… Read More »
Florida Family Law Cases and Voluntary Unemployment
A person’s income can matter a lot in a Florida family law case. Indeed, from property distribution, to spousal support (alimony) to child support obligations, the calculation of income will have a dramatic effect on the results of the case. Contrary to what many people believe, calculating income is not always a straightforward process…. Read More »
Is My Retirement Account a Marital Asset In Florida?
As a general rule, a retirement account, and any other assets obtained during a marriage, will be considered marital property for the purposes of asset division. The division of a retirement account can be among the biggest sticking points in a divorce case. This is not surprising, as these accounts are often one of… Read More »
We Are Divorcing in Florida, What Do We Do With Our House?
There are few things more stressful than going through a divorce. Divorcing couples are forced to untangle deep and complex emotional and financial ties. Trying to determine what to do with the family home touches both the emotional and financial sides of a divorce. Not only is a house the biggest financial transaction that… Read More »
Florida Divorce: Who Gets the Pets?
More than 65 percent of Florida households own at least one pet. In the event that a divorce occurs, many people are rightfully worried about what will happen to their animals. After all, cats, dogs and other pets are basically members of the family. While the friendship between a pet owner and an animal… Read More »
Property Division in Divorce: What Happens to a Professional Practice?
Apart from issues involving children, the division of assets is generally the most contentious issue in any divorce case. The division of assets can quickly become fiercely disputed, particularly if complex assets are involved. An ownership stake in professional practice is a notoriously complex asset. Professional practices have many unique characteristics that can make… Read More »
Florida Court Issues Opinion in Complex Asset Distribution Case
Recently, Florida’s Fifth Circuit Court of Appeal issued a decision in the case of Mills v. Mills. The case involved a divorcing couple’s dispute over a $245,000 investment loss. Asset, and liability, distribution is a critical part of any Florida divorce case. If you are considering divorce, and you have any questions about the… Read More »
Florida Divorce: Hidden Assets
In Florida, the assets of a divorcing couple are divided in an equitable manner. Put simply, equitable distribution means that the marital assets must be divided ‘fairly’. A fair division of assets is often not an equal division of assets, however. By nature, this type of asset division process is complex, but it becomes… Read More »